← Latest news 
Raising a child in India may cost lakhs and Rs 18000 monthly say CA
Economy
Published on 1 May 2026
A Rs 15,000 SIP may be the only shield
Chartered Accountant Paaras Gangwal estimates that raising a child in India can start with ₹1–4 lakh around birth and rise to about ₹18,000 per month for upbringing. He stresses that disciplined investing, such as a ₹15,000 SIP, can help absorb inflation-driven future costs like higher education and marriage, which can significantly widen the budget gap.
- Initial child costs estimated at ₹1–4 lakh
- Ongoing upbringing may average around ₹18,000 monthly
- Inflation can sharply increase education and marriage expenses
- A disciplined ₹15,000 SIP approach is recommended
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times